JV/AcquisitionAcquisition

Aditya Birla Capital (ABCL) has invested Rs 123.89 Cr in its associate, Aditya Birla Health Insurance (ABHI), via a rights issue.

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Aditya Birla Capital LimitedABCAPITAL · Filed with the exchange

This strategic funding aims to help ABHI meet its solvency margin requirements, strengthening its financial foundation.

ABCL maintains its existing 45.89% stake in ABHI.

This move ensures the continued health and stability of a key asset within ABCL's financial services portfolio, benefiting long-term growth prospects.

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